Dow futures rebound by 150 points as oil surge eases, Intel gains after earnings: Live updates

Dow futures climbed 150 points in pre-market trading as Intel (INTC) rallied following its earnings release and oil prices pulled back from recent highs. The tech-heavy Nasdaq Composite fell 0.5% on Friday, weighed down by chip stocks, while the S&P 500 traded flat and the Dow posted modest gains. All three major averages are on track for weekly losses, with the Nasdaq leading declines.

Intel shares jumped in after-hours trading following the chipmaker's quarterly earnings report, providing a lift to Dow futures. The rally came as crude oil's recent surge eased, removing some pressure from broader markets. Chip stocks had dragged the Nasdaq lower during Friday's regular session, creating a bifurcated market with semiconductor weakness offsetting strength in other sectors.

The futures rebound suggests investors are weighing earnings momentum against sector-specific headwinds, with Intel's results offering a potential catalyst for near-term stabilization in tech.